https://finance.yahoo.com/news/billi...122132084.html
"The rate of infection of COVID-19 is now falling in 19 states including New York and New Jersey, about the same in eight states and rising in 23 states including Florida and Texas."
Here, we'd have been knocked back a level (or 2) if these up trends had emerged after easing restrictions. I'm not seeing anything in the news feeds so far as re-establishing lock downs in the States if infections rates spike to a critical level. Moreover, given the incubation period of ~2 weeks, I don't believe we've seen the fallout yet from the protests/riots (increases in cases at present could be attributed to their Memorial Day holiday).
I've assumed a second spike would be the catalyst for the market to take another leg down due to re-established / extended lock downs. But, I'm starting to wonder if the American attitude at this point is ... just keep on carrying on? Their response was a mess and they exited their half-baked lock downs prematurely. Now, their economy is in a state of disarray while the health crisis still has a strong foothold. I don't think anything would sway Trump from continuing the re-opening. But how will public sentiment and caution figure in if numbers continue to march upwards?
Interesting week or two ahead...